Realestate.co.nz data suggest vendors quitting market123RF Inventory levels are down but one economist says that's unlikely to be because there's been a rush on house sales. Property listings website Realestate.co.nz has released its latest data, for February. Although numbers are still up on the same time last year, due to a slower market, the rate of growth is slowing. She said that would be confirmed when the Real Estate Institute issued its data, showing the number of sales transacted in the month. Realestate.co.nz data showed the number of new listings was down in most parts of the country.

Source: Stuff February 28, 2018 01:40 UTC